COPENHAGEN, Nov 17 (Reuters) - Novo Nordisk
has more than enough of its Wegovy weight-loss pills to support
an aggressive product launch, CEO Mike Doustdar said on Monday,
looking to avoid a repeat of the supply issues that plagued the
drug's original version.
The drugmaker expects a decision on U.S. approval before the
end of the year, with the pill format expected to appeal to
patients who prefer to avoid injections of the current Wegovy
formulation.
"We have more than enough pills this time, so we're going to
go all in and really make this happen," Doustdar said at an
event hosted by the Danish Shareholders Association.
Novo has faced slowing sales growth for the blockbuster
obesity drug that helped it to become Europe's most valuable
company. The slowdown was largely the result of supply
constraints that allowed Eli Lilly ( LLY ) and others to erode
the Danish drugmaker's first-mover advantage.
Doustdar also said that a pricing deal struck with U.S.
President Donald Trump aimed to broaden access to its
weight-loss drugs for the U.S. Medicare programme, a federal
health insurance programme for people aged 65 and older or who
have disabilities.